Crocs Good Will vs Current Deferred Revenue Analysis

CROX Stock  USD 106.08  4.27  4.19%   
Crocs financial indicator trend analysis is way more than just evaluating Crocs Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crocs Inc is a good investment. Please check the relationship between Crocs Good Will and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crocs Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Good Will vs Current Deferred Revenue

Good Will vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crocs Inc Good Will account and Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Crocs' Good Will and Current Deferred Revenue is 0.26. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Crocs Inc, assuming nothing else is changed. The correlation between historical values of Crocs' Good Will and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Crocs Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Good Will i.e., Crocs' Good Will and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Crocs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crocs Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crocs Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Crocs' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 7.29 in 2024, whereas Selling General Administrative is likely to drop slightly above 432.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.9B2.2B2.3B
Total Revenue2.3B3.6B4.0B4.2B

Crocs fundamental ratios Correlations

0.840.41-0.14-0.820.980.90.980.980.950.950.970.960.011.00.090.020.97-0.110.980.960.460.950.450.670.98
0.840.040.14-0.460.720.790.760.80.730.650.810.730.230.820.480.240.77-0.210.70.770.630.780.240.550.85
0.410.04-0.17-0.80.510.40.520.490.530.490.550.560.070.39-0.190.070.54-0.080.50.40.020.490.340.390.26
-0.140.14-0.170.38-0.230.04-0.11-0.22-0.17-0.34-0.19-0.110.83-0.220.610.830.01-0.87-0.260.050.65-0.18-0.080.41-0.21
-0.82-0.46-0.80.38-0.89-0.75-0.87-0.86-0.88-0.89-0.89-0.890.18-0.830.230.18-0.85-0.02-0.88-0.77-0.18-0.86-0.56-0.51-0.74
0.980.720.51-0.23-0.890.870.980.980.950.990.960.97-0.060.98-0.05-0.060.96-0.071.00.950.370.940.490.660.95
0.90.790.40.04-0.750.870.920.860.880.820.90.90.110.880.220.110.92-0.330.850.910.60.890.610.670.85
0.980.760.52-0.11-0.870.980.920.970.980.950.971.00.00.970.040.00.99-0.210.970.950.460.970.550.680.93
0.980.80.49-0.22-0.860.980.860.970.960.950.980.97-0.050.990.04-0.050.96-0.050.970.920.370.960.440.620.95
0.950.730.53-0.17-0.880.950.880.980.960.930.960.97-0.060.950.01-0.050.95-0.120.940.90.380.990.50.610.89
0.950.650.49-0.34-0.890.990.820.950.950.930.920.94-0.180.96-0.16-0.170.920.020.990.920.290.910.50.60.94
0.970.810.55-0.19-0.890.960.90.970.980.960.920.97-0.010.970.09-0.010.96-0.080.950.90.410.970.470.60.93
0.960.730.56-0.11-0.890.970.91.00.970.970.940.97-0.020.950.0-0.020.98-0.210.960.930.440.970.560.660.9
0.010.230.070.830.18-0.060.110.0-0.05-0.06-0.18-0.01-0.02-0.070.751.00.14-0.65-0.080.150.59-0.07-0.320.56-0.07
1.00.820.39-0.22-0.830.980.880.970.990.950.960.970.95-0.070.04-0.060.95-0.040.980.940.410.950.450.610.99
0.090.48-0.190.610.23-0.050.220.040.040.01-0.160.090.00.750.040.750.11-0.41-0.070.120.610.05-0.410.40.07
0.020.240.070.830.18-0.060.110.0-0.05-0.05-0.17-0.01-0.021.0-0.060.750.14-0.65-0.080.150.59-0.07-0.320.56-0.07
0.970.770.540.01-0.850.960.920.990.960.950.920.960.980.140.950.110.14-0.30.950.970.530.940.520.760.9
-0.11-0.21-0.08-0.87-0.02-0.07-0.33-0.21-0.05-0.120.02-0.08-0.21-0.65-0.04-0.41-0.65-0.3-0.04-0.32-0.77-0.09-0.34-0.62-0.02
0.980.70.5-0.26-0.881.00.850.970.970.940.990.950.96-0.080.98-0.07-0.080.95-0.040.940.350.930.470.650.95
0.960.770.40.05-0.770.950.910.950.920.90.920.90.930.150.940.120.150.97-0.320.940.590.880.510.80.92
0.460.630.020.65-0.180.370.60.460.370.380.290.410.440.590.410.610.590.53-0.770.350.590.390.290.790.43
0.950.780.49-0.18-0.860.940.890.970.960.990.910.970.97-0.070.950.05-0.070.94-0.090.930.880.390.490.560.9
0.450.240.34-0.08-0.560.490.610.550.440.50.50.470.56-0.320.45-0.41-0.320.52-0.340.470.510.290.490.260.41
0.670.550.390.41-0.510.660.670.680.620.610.60.60.660.560.610.40.560.76-0.620.650.80.790.560.260.59
0.980.850.26-0.21-0.740.950.850.930.950.890.940.930.9-0.070.990.07-0.070.9-0.020.950.920.430.90.410.59
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Crocs Account Relationship Matchups

Crocs fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets738.8M1.1B1.5B4.5B4.6B4.9B
Total Stockholder Equity131.9M290.6M14.1M817.9M1.5B1.5B
Other Assets35.1M529.1M2.1B539.4M620.3M651.3M
Common Stock Shares Outstanding71.8M68.5M63.7M62.0M62.0M61.4M
Liabilities And Stockholders Equity738.8M1.1B1.5B4.5B4.6B4.9B
Other Stockholder Equity(50.3M)(206.5M)(1.2B)(897.9M)(1.1B)(1.0B)
Total Liab606.9M828.1M1.5B3.7B3.2B3.3B
Other Current Liab109.1M79.6M124.0M182.0M223.5M234.7M
Total Current Liabilities257.2M291.6M388.2M641.3M698.3M733.2M
Other Liab4.5M210.1M222.1M529.4M608.9M639.3M
Property Plant And Equipment Net229.6M224.9M269.2M421.4M525.8M552.0M
Net Debt285.5M237.7M750.4M2.4B1.8B1.9B
Retained Earnings240.5M553.3M1.3B1.8B2.6B2.7B
Accounts Payable95.8M112.8M162.1M230.8M261.0M274.0M
Cash108.3M135.8M213.2M191.6M149.3M150.9M
Non Current Assets Total313.4M625.9M878.5M3.5B3.7B3.9B
Non Currrent Assets Other8.1M8.9M8.1M7.9M35.3M18.2M
Cash And Short Term Investments108.3M135.8M213.2M191.6M149.3M152.1M
Net Receivables118.3M162.5M217.2M329.2M331.2M347.8M
Common Stock Total Equity104K105K106K110K99K155.4K
Non Current Liabilities Total349.7M536.5M1.1B3.0B2.5B2.6B
Inventory172.0M175.1M213.5M471.6M385.1M404.3M
Other Current Assets25.4M19.4M22.7M33.6M45.1M27.0M
Property Plant And Equipment Gross229.6M224.9M269.2M421.4M646.3M678.6M
Total Current Assets425.4M492.8M666.6M1.0B910.7M485.6M
Accumulated Other Comprehensive Income(58.4M)(56.4M)(76.8M)(103.5M)(95.8M)(91.0M)
Intangible Assets47.1M37.6M28.8M1.8B1.8B1.9B
Common Stock104K105K106K110K99K152.2K
Property Plant Equipment47.4M57.5M108.4M181.5M208.8M219.2M
Short Long Term Debt Total393.7M373.5M963.6M2.6B2.0B2.1B
Current Deferred Revenue3.7M112.8M156.8M89.2M66.0M34.1M
Long Term Debt205M180M771.4M2.3B1.6B1.7B
Good Will1.6M1.7M1.6M714.8M711.6M747.2M
Short Term Debt48.6M94.1M85.9M139.3M147.9M155.3M
Treasury Stock(546.2M)(688.8M)(1.7B)(1.7B)(1.5B)(1.4B)
Net Tangible Assets83.2M251.3M(16.3M)(1.7B)(1.5B)(1.5B)
Retained Earnings Total Equity240.5M553.3M1.3B1.8B2.1B2.2B
Capital Surpluse495.9M482.4M496.0M797.6M917.3M493.2M

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